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Little River Park, Phase II
<br /> Project Category: County Capital Project Status: Active Project Type
<br /> Functional Service Community Services Proposed Bid TBD New X
<br /> Area: Award Date:
<br /> Department: DEAPR Starting Date: 7/1/15 Expansion X
<br /> Project Number: 20040 Completion Date: 7/1/22 Renovation X
<br /> Replacement
<br /> Project Description/Justification: This park is a joint
<br /> Orange/Durham County initiative. In compliance with an Interlocal
<br /> Agreement, funding includes 50% from Durham County. Funding of
<br /> $100,000 was approved in FY2016-17 to repave the park entry road,
<br /> expand parking, repave the ADA loop trail, and add a new _
<br /> maintenance shed. These repairs are pending completion of the -
<br /> updated master plan for the full park by both Orange and Durham Little River
<br /> counties, and renewal of the interlocal agreement. An additional Regional Park
<br /> Natural Area
<br /> $50,000 in FY 2019-20 is included to reflect the need to address the ADu& Naturalham/Oran Cowry Y.rme,e
<br /> Laws House, which stands at the park entrance and has been
<br /> stabilized pending a future decision on use/deconstruction. Requested
<br /> funding for FY 2021-22 is for other improvements that are expected to
<br /> come from the new master plan, including a new playground, new and
<br /> improved trails, and other improvements.
<br /> FINANCIAL SUMMARY
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br /> Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year10
<br /> Expenses
<br /> Professional Services 25,000' 100,000 100,000
<br /> Construction/Repairs/Renovations 1,696,720' 50,000, 400,000' 450,000
<br /> Equipment/Furnishings -
<br /> Total Project Budget 1,721,720 50,000 500,000 550,000
<br /> Funding Sources
<br /> From General Fund 104,750' 25,000 250,000 275,000
<br /> Contribution from Durham County 438,662' 25,000 250,000 275,000
<br /> Grant Funding 724,000
<br /> Transfer from Payment-In-Lieu 84,514
<br /> Bonds 369,794
<br /> Total 1,721,720 50,000 500,000 550,000
<br /> Impact on Operating Budget
<br /> Personnel Services -
<br /> Operations 7,500e 7,500 7,500 7,500 7,500 15,000' 15,000 52,500 75,000'
<br /> Recurring Capital
<br /> New/Add/Revenue -
<br /> Total Operating Costs 7,500 7,500 7,500 7,500 7,500 15,000 15,000 52,500 75,000
<br /> 79
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